Accountancy, asked by chauhandharmishta5, 4 months ago

a firm purchase a machinery for rs. 800000 making a down payment of rs 150000 and remainder in
equal installment of rs 150000 for six years. what is the interest rate implicit in this offer

Answers

Answered by Niraj2416

2

Answer:

12%interest rate applicable at the end of every year installamemt main..

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